Credit Policy Portfolio Manager

3 weeks ago


Gurgaon, Haryana, India CARS24 Full time

About CARS24 Financial Services

We're building a OneStop shop - a Super App for all car needs, powered by technology, data science, and deep customer insights. Our mission is to ensure car ownership is stress-free.

Our customers should focus on the open road, not roadside worries. We aim to grow 10x in the next five years.

The Role: Credit Policy Portfolio Manager

This position requires a strong understanding of credit underwriting, portfolio risk management, and financial analysis. The Working Capital/Dealer finance Credit Policy and Portfolio Manager will be responsible for developing, implementing, and managing credit policies for working capital products.

Key Responsibilities:

  • Credit Policy Development: Develop and implement credit policies for working capital products tailored to different segments (SME, Dealer finance, cash credit or overdraft etc.). Ensure alignment of credit policies with regulatory requirements and internal risk appetite.
  • Underwriting and Risk Assessment: Design and improve credit underwriting frameworks to assess the creditworthiness of borrowers.
  • Portfolio Management: Monitor and manage the working capital portfolio to ensure healthy performance. Conduct regular portfolio reviews to identify emerging risks.
  • Credit Approval Process: Oversee the credit approval process for working capital products. Manage exceptions and escalate significant credit issues.
  • Stakeholder Management: Work with business development teams to align credit policy with market needs.
  • Risk Reporting and Analytics: Develop periodic risk reports and dashboards for senior management. Use data analytics to refine credit policies.
  • Process Improvement: Identify opportunities for process automation and improvements in credit evaluation.

Requirements

We are looking for candidates with a minimum 7 years of experience in credit risk management, portfolio management, or credit underwriting, preferably in working capital or SME lending.

Prior experience in automotive financing, especially with dealer loans and floor plan financing, is an advantage.

Knowledge of financial statement analysis, cash flow analysis, and lending principles is essential.

The estimated salary for this role is around $120,000 - $150,000 per annum, depending on location and experience.



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